The Cliffs Property Report | EOY 2023

T H E CLI FFS

Property Report E N D O F Y E A R 2 023

As we have entered into a new year, The Cliffs is happy to report on successful real estate sales in 2023. Throughout all seven communities, 339 properties were sold totaling $355,583,076 in volume by all brokerages selling within our gates. Average sales prices have continued to rise, 5.7% increase for homes and 9.5% increase for homesites. Cliffs Realty, the Official Brokerage of The Cliffs, continues to lead as the top brokerage, having sold 243 transactions for $219,788,774.

2023 AT A GLANCE*

339

TOTA L T R A N SAC T I O N S

$355,583,076

This year, we welcomed home 255 new member families, opened new amenities, hosted numerous events, and opened two new Cliffs Realty sales offices inside the gates of Mountain Park and Walnut Cove to better serve our members and prospective members.

TOTA L VO LU M E

$1,955,000

AV E R AG E H O M E PU R C H A S E PR I C E (5.7 % I n c r e a s e f r o m 2 022)

$390,000

AV E R AG E H O M E S I T E PU R C H A S E PR I C E (9. 5% I n c r e a s e f r o m 2 022)

*Numbers reflect all sales throughout The Cliffs seven communities by all real estate firms based on sales recorded in the MLS.

Our building company, Cliffs Builders, continued to build new homes in our exclusive neighborhoods in Walnut Cove, Mountain Park, and Keowee Springs. Cliffs Builders completed 16 homes and have 35 homes under construction. But some of the biggest news of the year were our new amenities. We were proud to open the long-awaited Clubhouse at Keowee Springs, The Lake Club at The Landing, a new Golf Learning Center at Walnut Cove, and set sail on the new Magnificent 7 party boat.

COMMUNITY-WIDE SALES BY PROPERTY * $115M

$120M $91M

$90M $60M $30M $1M

60

Glassy

$31M

$28M

Valley

Keowee Falls

Keowee Springs

Keowee Vineyards

Closed Volume Total Sales

42

Cliffs Realty Sales

31

23

20

$17M Mountain Park

58

55

55

40

$48M $25M

75

80

Walnut Cove

0

Glassy

Mountain Park

Valley

Keowee Falls

Keowee Springs

Keowee Vineyards

Total Transactions Total Sales

Cliffs Realty Sales

Walnut Cove

CLIFFS R EALTY 2023 AT A G L A N CE - CLI FFS R E A LT Y

243

TOTA L T R A N SAC T I O N S

$219,788,774

Cliffs Realty Mountain Region

TOTA L VO LU M E

2

N E W SA L E S E X E C U T I V E S

2

N E W SA L E S O F F I C E S

Cliffs Realty Asheville Region

5%

R E SA LE LIS TI N GS

COMPANY HOME

14%

Thank you to our members for entrusting us with listing their properties with Cliffs Realty this year.

COMPANY HOMESITE

49%

RESALE HOMESITE

T Y PE OF SA L E

120

All Regions | 2023

HOMESITES

76

32%

RESALE HOME

Resale Homesite - 120

HOMES

Resale Home - 76

196

Company Homesite - 34

TOTA L

Company Home - 13

2023 COMPE T ITI V E A N A LYSIS Sale of Home or Homesite by Selling Brokerage

200 16 55 0 The Cliffs Property Report

30 21 25

75

125

175

225

CLIFFS R EALTY R EGIONAL UPDATES 2 023 TO P SA L E S

The A S H EV I L L E R E G I ON

G R OW T H BY VO L U M E

12 Nestlewood Drive

Q1

$5.11M

Q2

$5.15M

$2,130,000 The Cliffs at Walnut Cove

$28,760,124

$6.22M

Q3

I N SA L E S VO LU M E

34

T R A N SAC T I O N S

6 Nestlewood Drive $2,066,950 The Cliffs at Walnut Cove

NCREASE FROM 140% IQ1 TO Q 4

2 023 TO P SA L E S

The LA K E R E G I ON

$12.27M

Q4

AV E R AG E R E SA L E PR I C E S

Home 129 Bright Water Trail $6,195,000 The Cliffs at Keowee Springs

2023

$2,810,435

2022

$2,536,295

$132,410,750

Homesite

I N SA L E S VO LU M E

109

T R A N SAC T I O N S

110 Waterfern Court The Cliffs at Keowee Springs

Participated in 109 of the 136 sales within The Lake Region

2 023 TO P SA L E S

The M O U N TA I N R E G I ON

8 Raven Road $2,300,000

$58,617,900 100

T R A N SAC T I O N S

$427,754

2022

$373,351

80% M A R K E T S H A R E AV E R AG E SA L E PR I C E S

Home

The Cliffs at Glassy

I N SA L E S VO LU M E

2023

$5,375,000

Outside Sales Cliffs Realty Involvement

$887,491

$1,159,520

Homesite 10 Water View Court $2,050,000 The Cliffs Valley

Participated in 100 of the 128 sales within The Mountain Region

Outside $27,618 Sales Cliffs Realty Involvement

$153,657

78%

MARKET SHARE End Of Year 2023

MEET THE TEAM T H E O F F I C I A L B R O K E R AG E O F T H E C L I F F S

Lauren Buckland

Shaun Collyer

BROKER-IN-CHARGE

ASHEVILLE REGION

Vince Roser ASHEVILLE REGION

Ashleigh Connel

Angela Osborne

MOUNTAIN REGION

MOUNTAIN REGION

JoAnn Roser

Chris Shelnut

Cheryl Scullin

Garry Patton

Jon Skillman

MOUNTAIN REGION

MOUNTAIN REGION

MOUNTAIN REGION

MOUNTAIN REGION

Justin Coleman

Matt Hendrix

Scott Reid

Tim Enterkin

Zack Thomas

LAKE REGION

LAKE REGION

LAKE REGION

LAKE REGION

LAKE REGION

LAKE REGION

COME VISIT US ASHEVILLE REGION 5 Cliffs Ridge Parkway Arden, NC 28704 828.595.8311

LAKE REGION

MOUNTAIN REGION

3430 Walhalla Highway Six Mile, SC 29682 864.660.8401

1 Birdie Court Marietta, SC 29661 864.660.8422

Obtain the Property Report required by federal law and read it before signing anything. No federal agency has judged the merits or value, if any, of this property.

This is not an offer where registration is required prior to any other offer being made. Void where prohibited by law. In South Carolina, Cliffs Realty Sales SC, LLC, 1 Birdie Court, Marietta, South Carolina 29661 and 3430 Walhalla Highway, Six Mile, SC 29682, Lauren Fine Buckland, Broker-in-Charge. In North Carolina, Cliffs Realty Sales NC, LLC, 5 Cliffs Ridge Parkway, Arden, NC 28704, Lauren Fine Buckland, Broker-in-Charge. Copyright: © 2024 Cliffs Land Partners, LLC. All rights reserved.

This is not intended to solicit property currently listed for sale. All figures presented represent current reported data and may be altered for corrections in future reporting. Numbers reflected by Western Upstate MLS, Greater Greenville MLS, and Canopy MLS, plus additional Cliffs Realty sales that are not recorded in the local MLS.